Odds Say The Winklevoss Bitcoin ETF Has Just A 36% Chance Of Approval February 21, 2017 10:55am NASDAQ:COIN The proposed Winklevoss Bitcoin Trust ETF (NASDAQ:COIN) is one of the most widely anticipated ETFs of all time, but according to the betting odds, it only has a slightly better than 3-to-1 chance of getting approved by regulators.Believe it or not, you can actually bet on whether the ETF will be approved or not.The BitMEX platform, which offers bettors the chance to place real-world bets using the popular cryptocurrency, has contract odds that imply just a 36.37% chance that the proposal will be successful.The battle between the Winklevoss twins and the U.S.Securities and Exchange Commission has topped three years now.During that span, their proposal for the Bitcoin-tied ETF has been updated “about a dozen times” according to Bloomberg.In that timeframe, Bitcoin’s price has surged amid very volatile trading.BTC was trading as low as $200 back in mid-2015.As of Tuesday morning, it’s over $1,110.

So, what’s holding regulators back?It’s not volatility so much as security: The case for denial of the product rests primarily in the history of security breaches this asset class has suffered, most infamously the Mt.bitcoin japan scandalMore recently, hackers helped themselves to about $65 million worth of the virtual currency in August 2016.bitcoin miner hosting europeIf regulators do approve the fund, it’ll immediately legitimize the cryptocurrency and make it available as an investment to an entire new class of mom-and-pop investors.bitcoin oq e issoUp until now, it’s been a somewhat convoluted process to either “mine” Bitcoins using sophisticated computer software or to purchase and store them only.hold meaning bitcoin

That’s relegated Bitcoin mostly to risk-tolerant investors and computer-savvy users.The SEC will make its determination on the first-ever listed Bitcoin ETF on March 11.bitcoin hitting 10000Until then, you can place your bets.bitcoin games bitcointalkRead Next Recommended for You Get Free Updates !Most Popular Summer Malaise Saps The Dow Jones Industrial Average Put-Call Ratio Says Sell The SPDR S&P 500 ETF (SPY) Now Bank of America: “Start Buying Volatility” Our Exclusive Tools Best ETFs List Best ETF Categories ETF Screener Find Whats In Your ETF Find What ETF Holds Your Stock Search ETFs By Leverage Search ETFs By Asset Class Sponsored Content From Our Partners Free Daily Newsletter Get daily ETF insights from our market experts.Never miss another important market development again!

Best ETFs We've rated and ranked nearly 2,000 ETFs and ETNs using our proprietary SMART Grade system.View Top Rated ETFs Best Categories We've ranked dozens of ETF categories based on relative performance.Products Support Support Center Downloads FAQs Manuals Product Registration Contact Customer Service Service Center Locator Windows & Mac Compatibility Solutions Brother Business Solutions Industry Solutions Document Workflow Print Management Device Management Security Brother Cloud Meet Online Manage Your Information Partner Services Auto-Fulfillment Programs Brother CreativeCenter Small Business Resource Center Connect.Print.Share Software Developer Programs About Brother U.S.Corporate Headquarters Careers Environmental Programs USA Global Investor Information News My AccountDennis Rodman at Beijing International Airport departing for Pyongyang, North Korea on June 13, 2017 (Mark Schiefelbein/Associated Press)Dennis Rodman landed in Pyongyang, North Korea this morning to visit his old friend, dictator Kim Jong-un.

And while Rodman has visited the country a few times before, this trip is even weirder.Rodman’s trip is being “sponsored” by PotCoin, a peer-to-peer cryptocurrency that’s trying to be the Bitcoin of the legal weed industry. t-shirt when he landed on a flight from Beijing to Pyongyang this morning.But even more bizarrely, Rodman has hinted that he’s setting up a backchannel for Donald Trump to speak with Kim Jong-un.And people are taking the possibility very seriously, considering that Dennis Rodman is the only mutual friend between the two world leaders.Seriously.Rodman was asked directly by CNN reporters in North Korea whether he’d spoken to President Trump or anyone else in the US government prior to his trip, and he played coy without answering the question directly.“I’m pretty sure he’s happy at the fact that I’m over here trying to accomplish something that we both need,” Rodman told CNN, referring to Trump.Rodman was on season 8 of Trump’s reality TV show The Apprentice in 2009, and returned for Celebrity Apprentice 6 in 2013.But Rodman and his agent were a bit more direct about the supposed diplomatic mission of his trip in a YouTube video that was posted yesterday and promoted on Rodman’s Twitter account.“He has the unique, amazing relationship between both President Trump and Marshall Kim Jong-un,” said Rodman’s agent Chris Volo in the video.

Volo has accompanied Rodman on previous trips to the dictatorship.“He’s the only man to have the relationship and be friends with both people,” Volo continued.“And he’s going there tomorrow to try and bridge the gap and bring peace and dialogue between both nations and PotCoin is the reason we’re going out there.”Rodman thanked PotCoin in the video and said that he was traveling to support peace between the United States and North Korea.It’s not immediately clear how much Rodman is being paid to promote PotCoin.“We just want to thank the people that actually supported us, PotCoin, thank you very much, and hope that we can come back with a positive attitude,” Rodman said.“And hopefully that the door can be a little bit open.”“So give us luck and praise us for doing what we’re doing.It’s all about doing one thing.It’s all about peace,” said Rodman.Four Americans are currently known to be detained by the North Korean regime.CNN asked Rodman if that would be brought up at all, and Rodman seemed to revert to old explanations for his previous trips to the country.“Well that’s not my purpose right now,” said Rodman.

“My purpose is to go over there and try to see if I can keep bringing sports to North Korea.”Rodman has been to North Korea at least four times and there has been no discernible improvement in diplomatic relations between the country and the US as a result of any of them.If anything, things have only gotten worse.Rodman has taken heat from human rights groups over his trips given the oppression imposed by Kim Jong-un on his own people.Yesterday, Defense Secretary James Mattis testified to Congress that North Korea was the “most urgent” threat against the safety and security of the United States.“The regime’s nuclear weapons program is a clear and present danger to all, and the regime’s provocative actions, manifestly illegal under international law, have not abated despite United Nations’ censure and sanctions,” Mattis said.Rodman endorsed Trump for president in July of 2015, not long after his candidacy was announced in Trump’s infamous “Mexicans are rapists” speech.Marijuana is heavily controlled and illegal for citizens of North Korea to buy and consume.

And despite the fact hat it’s also illegal for tourists traveling to the country, authorities often look the other way as the pot tourism industry grows.Needless to say, an American caught smoking pot in the country would likely be treated much more harshly than someone of another nationality.Whatever happens with diplomatic relations between the US and North Korea, one thing’s for sure: Dennis Rodman helped put PotCoin on the map.And anyone with a critical eye would likely guess that this might have been the lone goal all along.Update, 9:31am: There’s no evidence so far that Dennis Rodman had anything to do with it, but the State Department just confirmed that one of the four American prisoners held in North Korea has been released.What a strange world we live in.Update, 10:26am: Apparently the release of Otto Warmbier had nothing to do with Dennis Rodman.According to the Washington Post, the 22-year-old student has been in a coma for more than a year and was medically evacuated today.